Power Plant 4.0: IoT-based Digital Transformation and Connected Services Supporting Fleet Management
(Room Nile 4)
20 Sep 17
2:00 PM
-
3:30 PM
Tracks:
Track B - Digitalization / Finance & Investment
Power plants struggle to meet ever increasing demands on energy efficiency and environmental compliance as well as minimizing outage, with limited skilled resources for inspection so they are constantly looking for technologies to improve. IIoT is a new solution available to improve fleet management. Using a second layer of automation technology supporting condition monitoring for diagnostics of more of the plant’s equipment, including those in the steam plant water-steam cycle, not just the most critical assets, new asset management and maintenance strategies become possible. Similarly, performance monitoring based on various forms of analytics including big data enables optimization. Automatic data collection and IIoT enable digital transformation of the organization and optionally new business models such as connected services reducing burden on operators. New wireless sensors, cloud computing, and analytics have been developed to make this possible. These are compatible with existing historians and control systems, or deployed as a totally separate system. This includes new innovative solutions for cyber security protecting networks and control system. Connected services extend information and experts to customers. The connected service business model can include necessary instrumentation, as part of the service fee instead of as a capital cost, thereby eliminating the need for project financing. The session includes case studies of plants using IIoT-based connected services for steam traps, gas chromatographs, coal pile scanner monitoring, and more to reduce emissions, improve availability, heat rate, and productivity.